Brief: Cardinal Energy Announces Approval Of Debenture Amendments And Commencement Of Exchange Right

Cardinal Energy (Alberta)

20/06/2020 24:09

June 19 (Reuters) - Cardinal Energy Ltd (Alberta)  CJ.TO :
    * CARDINAL ENERGY LTD. ANNOUNCES APPROVAL OF DEBENTURE
AMENDMENTS
AND COMMENCEMENT OF EXCHANGE RIGHT
    * CARDINAL ENERGY LTD - ALL DEBENTUREHOLDERS NOW HAVE RIGHT
TO
EXCHANGE THEIR DEBENTURES FOR A NEW SERIES OF 8.00% CONVERTIBLE
DEBENTURES
    * CARDINAL ENERGY LTD - NEW DEBENTURES WILL HAVE A MATURITY
DATE
OF DECEMBER 31, 2022
    * CARDINAL ENERGY LTD - NEW DEBENTURES WILL BEAR INTEREST AT
RATE
OF 8.00% PER ANNUM

Source text for Eikon:  ID:nGNX9nQ759 
Further company coverage:  CJ.TO 

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